Application of Altman Z-score Model in Credit Risk Assessment of Light Industry in China

Xinyi Xu ()
Additional contact information
Xinyi Xu: University of Southampton, Southampton Business School

A chapter in Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022), 2023, pp 91-100 from Springer

Abstract: Abstract This article uses the method of empirical analysis to analyze the credit risk of more than 20 light industrial enterprises listed in China, the United Kingdom, and the United States, with the data of their working capital, earnings before interest and tax, retained earnings, the market value of equity, total assets, total liabilities, and sales. The article uses the Altman Z-score model, comparing and analyzing the Z value changes of light industrial enterprises in three countries. This paper also provides some suggestions for the development of Chinese light industrial enterprises, and fills the gap in the combination of the light industrial enterprises and the risk assessment through the Altman Z-score model.

Keywords: Altman Z-score model; Light industrial enterprises; Credit Risk (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-054-1_12

Ordering information: This item can be ordered from
http://www.springer.com/9789464630541

DOI: 10.2991/978-94-6463-054-1_12

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().